Company plans to sell its Philadelphia operations.
According to the Philadelphia Inquirer, Camden Iron & Metal, based in Camden, N.J., is relocating its scrap processing operations from Philadelphia to Camden.
According to an article in the Philadelphia Inquirer, the company’s decision to relocate its scrap processing operations to Camden follows attempts to relocate and consolidate operations in the Philadelphia area. The company had acquired an abandoned 44-acre facility in Eddystone, Pa., and had planned to install a large auto shredder at the location.
However, strong opposition by residents surrounding the Eddystone site bogged down the company’s plans to relocate. And, according to the Philadelphia Inquirer, the final decision to relocate to Camden came after Pennsylvania Gove. Tom Corbett rescinded a $31.1 million pledge made by the former governor to build a pier on the Delaware River at Camden Iron’s proposed location.